In a process cost system, the amount of work in process inventory is valued by:
A) finding the sum of all open job costs
B) allocating departmental costs between completed and partially completed units
C) multiplying units in ending inventory by the direct materials cost per unit
D) all of the above
B
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Kosovski Company is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and are not repeatable. If the decision is made by choosing the project with the higher IRR, how much value will be forgone? Note that under some conditions choosing projects on the basis of the IRR will cause $0.00 value to be lost. WACC: 6.25% 0 1 2 3 4 CFS -$1,050 $675 $650 CFL -$1,050 $360 $360 $360 $360
A. $29.26 B. $35.69 C. $34.82 D. $26.33 E. $31.31
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If the covariance between two stocks is 235 and the standard deviation of both stocks are 45 and 22 respectively, what is the Correlation Coefficient between the two stocks?
A) 0.24 B) 0.33 C) 0.76 D) There is not enough information to calculate the Correlation Coefficient.
Suzy wants to borrow cash from Bruce. She offers him a security interest in her neighbor's diamond ring, which she has been told that she or her sister will receive after their neighbor passes away. Regarding Suzy's proposal, which of the following statements is true?
A) Bruce cannot take a security interest in the ring, because Suzy does not have rights to the collateral. B)Bruce must have the ring in his possession or have a written agreement from Suzy describing the ring in order to obtain a security interest in it. C)Suzy must not have legal rights to the ring if she is going to give Bruce a security interest. D)Suzy must not give Bruce something of value as a security interest.